California Real Estate Practice Exam

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Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Practice this question and more.

In the case of a transfer of ownership of real estate, what is normally assumed about a fixture?

It is leased and not included
It is personal property
It is assumed to be included in the transfer
It must be negotiated separately

The correct answer is: It is assumed to be included in the transfer

When there is a transfer of ownership of real estate, fixtures are generally considered to be included in the transaction unless stated otherwise. This means that they become a part of the property and are owned by the new owner. Option A, B, and D are incorrect because fixtures are assumed to be included in the transfer, not leased, not personal property, and do not need to be negotiated separately. It is important to clarify and specify any fixtures that will not be included in the sale to avoid disputes or misunderstandings.